What is business income coverage?
A. In the event of a covered loss, this coverage may reimburse you for the net income that would have been earned if fire or other covered causes of loss had not occurred. Losses due to down-time or extra expenses needed to restore operations (such as additional property rental) may also be covered.
Related Questions
- Do commercial policies include coverage for loss of business income, debris removal, power failure, frozen water pipes, water damage from frozen water pipes and collapse due to weight of ice and snow?
- How does business income insurance differ from other types of coverage?
- How Does Business Income Coverage work?
